Types Of Bankruptcy

Bernanke: Regulators tackling abusive mortgage practices (Houston Chronicle)  Federal Reserve Chairman Ben Bernanke offered lawmakers fresh assurances on today that regulators are taking steps to better protect would-be homeowners from abusive mortgage practices.


Pitt plans new roof for events center  Work to replace the leaky roof on the Petersen Events Center will begin next week, an official of the University of Pittsburgh said Monday.via


Estate agents / Troy Bendeich  "We have a deal with a BMW outlet and for every home we can choose what sort of product might best suit that home." MOST real estate veterans know


U.S. mortgage-related losses likely up to $300 bln: OECD (Reuters via Yahoo! News)   Overall losses from the U.S. mortgage market crisis could be up to $300 billion but financial firms and policymakers need to buy time to ensure an orderly work-out, the


How About Your Neighborhood?: Beazer: Exec tried to destroy records  "It's a bad inference. If it was harmless information or if it was going to be exculpatory, then why did you need to get rid of it?" Beazer Homes


Housing market cools  THE housing market continued to cool in July but there are no signs of doom and gloom in the sector, figures show.read more...

June 16th, 2007

Bernanke: Banks still key in lending

“Nevertheless, nonbank lenders have become increasingly important in many credit markets, and relatively few borrowers are restricted to banks as sources of credit”

Banks play an important, though perhaps somewhat diminished, role in providing credit as consumers and businesses increasingly turn to other financial players, Federal Reserve Chairman Ben Bernanke said Friday. via The Press-Enterprise



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